(disclaimer: French here) Well, France will not wage war if these countries leave the CFA. France gains some control, and these countries enjoy the benefits of a stable currency. It is probably not the most ideal situation, but what alternatives are proposed?
Except that all who opposed were mysteriously assassinated? I'm not one to quickly jump on conspiracy theories, but it sure looks like France is not in a healthy relationship with these countries.
Slightly related, is it true that the currencies in CFA are significantly more stable than those of surrounding countries? And are the inhabitants wealthier for it?
It's an ethical question. The argument of greater stability could be used to posit positive outcome for full traditional colonization as well.
What we should ask: How much of the 60B Euro per month the ECB is using for QE in the Eurozone now is being put toward these African countries whom are so closely tied to the Euro?
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(disclaimer: French here) Well, France will not wage war if these countries leave the CFA. France gains some control, and these countries enjoy the benefits of a stable currency. It is probably not the most ideal situation, but what alternatives are proposed?
Except that all who opposed were mysteriously assassinated? I'm not one to quickly jump on conspiracy theories, but it sure looks like France is not in a healthy relationship with these countries.
Slightly related, is it true that the currencies in CFA are significantly more stable than those of surrounding countries? And are the inhabitants wealthier for it?
It's an ethical question. The argument of greater stability could be used to posit positive outcome for full traditional colonization as well.
What we should ask: How much of the 60B Euro per month the ECB is using for QE in the Eurozone now is being put toward these African countries whom are so closely tied to the Euro?